News on this topic
Profile picture of inews.co.uk
What a week of market turmoil and the Bank's intervention on gilts means for your money
inews.co.uk/inews-lifestyle/money/week-market-turmoil-banks-intervention-gilts-means-your-money-1883782
What a week of market turmoil and the Bank's intervention on gilts ...
More news on this subject
Profile picture of inews.co.uk
What a week of market turmoil and the Bank's intervention on gilts means for your money
inews.co.uk/inews-lifestyle/money/week-market-turmoil-banks-intervention-gilts-means-your-money-1883782
What a week of market turmoil and the Bank's intervention on gilts ...
Profile picture of Reuters
BoE's Mann says markets are pricing in too many rate cuts: Bank of England policymaker Catherine Mann, who last week dropped her call for increases in borrowing ...
reuters.com/markets/europe/boes-mann-says-markets-are-pricing-too-many-rate-cuts-2024-03-26/
BoE's Mann says markets are pricing in too many rate cuts
Profile picture of The Spectator
The Swiss are cutting interest rates. Why can’t we?: The Swiss National Bank (SNB) today became the first major central bank to decide that the time had come to ...
spectator.co.uk/article/the-swiss-are-cutting-interest-rates-why-cant-we/
The Swiss are cutting interest rates. Why can’t we?
Quick Glance: Swiss National Bank Surprises with Rate Cut
  • The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.

  • The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.

  • Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.

  • The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
Profile picture of The Atlanta Journal-Constitution
3 ways to save money for people on a fixed income: These tips might help you make the most of your fixed budget well into your golden years
ajc.com/things-to-do/aging-in-atlanta/3-ways-to-save-money-for-people-on-a-fixed-income/HGGEHJ4PHZD33CMT3PGEZTEVQA/
3 ways to save money for people on a fixed income
Profile picture of ITVX
Are 99% mortgages a good idea?: Yorkshire Building Society has launched mortgage product that allows first-time buyers to get onto the property ladder with a ...
itv.com/news/2024-03-27/are-99-mortgages-a-good-idea
Are 99% mortgages a good idea?
Profile picture of Sky News
Money blog: Eight major price rises next Monday - but it's not all bad news: National Price Hike Day is on Monday, with water bills, broadband ...
news.sky.com/story/money-latest-mortgage-rates-house-prices-blog-sky-news-live-13040934
Money blog: Eight major price rises next Monday - but it's not all bad ...
Profile picture of WTVF
New report shows it's more affordable to rent than buy a starter home in all major U.S. cities
newschannel5.com/news/new-report-shows-its-more-affordable-to-rent-than-buy-a-starter-home-in-all-major-u-s-cities
New report shows it's more affordable to rent than buy a starter home in ...
Profile picture of Reuters
Bank of England sees economy 'moving in right direction' for rate cuts: Britain's economy is moving towards the point where the Bank of England can start cutting ...
reuters.com/markets/rates-bonds/bank-england-sees-economy-moving-right-direction-rate-cuts-2024-03-21/
Bank of England sees economy 'moving in right direction' for rate cuts
Profile picture of Radio New Zealand
Mortgage interest write-offs unlikely to spark market - CoreLogic: The average yield on rentals has increased to its highest level since 2020 but CoreLogic says ...
rnz.co.nz/news/business/512254/mortgage-interest-write-offs-unlikely-to-spark-market-corelogic
Mortgage interest write-offs unlikely to spark market - CoreLogic
Profile picture of Bloomberg
BOE Hawks Drop Their Push for Hikes as Rates Remain at 5.25%: Two of the Bank of England’s most ardent hawks withdrew their support for interest rate hikes ...
bloomberg.com/news/articles/2024-03-21/bank-of-england-hawks-drop-push-for-hikes-as-rates-stay-at-5-25
BOE Hawks Drop Their Push for Hikes as Rates Remain at 5.25%
Profile picture of Reuters
Sterling steadies as survey shows businesses trim hiring and pay plans: Sterling steadied on Wednesday after a survey showed British businesses trimmed back ...
reuters.com/markets/currencies/sterling-steadies-survey-shows-businesses-trim-hiring-pay-plans-2024-03-27/
Sterling steadies as survey shows businesses trim hiring and pay plans
Profile picture of Reuters
Sterling hovers near one-month low on rate cut bets: The pound was little changed on Monday, hovering near its lowest level in a month after investors last week ...
reuters.com/markets/currencies/sterling-hovers-near-one-month-low-rate-cut-bets-2024-03-25/
Sterling hovers near one-month low on rate cut bets
Profile picture of Reuters
BoE's Haskel says rate cuts should be 'a long way off', FT reports: Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be "a ...
reuters.com/markets/rates-bonds/boes-haskel-says-rate-cuts-are-long-way-off-ft-reports-2024-03-28/
BoE's Haskel says rate cuts should be 'a long way off', FT reports
Profile picture of Robb Report
It’s Cheaper to Rent Than Buy in America’s 50 Largest Metro Areas : A new report from the listing site Realtor.com found that in the month of February ...
robbreport.com/shelter/homes-for-sale/cheaper-to-rent-than-buy-us-cities-1235560506/
It’s Cheaper to Rent Than Buy in America’s 50 Largest Metro Areas 
Profile picture of Reuters
HSBC brings forward BoE rate cut expectations to June: HSBC on Friday said it now expects the Bank of England (BoE) to cut interest rates by 25 basis points in ...
reuters.com/markets/rates-bonds/hsbc-brings-forward-boe-rate-cut-expectations-june-2024-03-22/
HSBC brings forward BoE rate cut expectations to June
Profile picture of The Spinoff
A handy email template to request a rent reduction from your landlord: Landlords are getting tax relief from next month. Here’s how renters can politely ask for ...
thespinoff.co.nz/society/11-03-2024/a-handy-email-template-to-request-a-rent-reduction-from-your-landlord
A handy email template to request a rent reduction from your landlord
Profile picture of Reuters
UK housing market strengthens in February, RICS survey shows: Britain's housing market picked up in February but property surveyors said uncertainty over the ...
reuters.com/world/uk/uk-housing-market-strengthens-february-rics-survey-shows-2024-03-14/
UK housing market strengthens in February, RICS survey shows
Profile picture of Fox Business
Mortgage rates to stay above 6% through 2025, Fannie Mae says: Fannie Mae now says mortgage rates will stay above 6% through 2025, after predicting last month ...
foxbusiness.com/economy/mortgage-rates-stay-above-6-through-2025-fannie-mae-says
Mortgage rates to stay above 6% through 2025, Fannie Mae says
Profile picture of Sky News
Retail sales flatline as wet weather dampens demand: Online spending was up last month as heavy rainfall put off many from heading out to the high street ...
news.sky.com/story/retail-sales-flatline-as-wet-weather-dampens-demand-13099657
Retail sales flatline as wet weather dampens demand
Profile picture of Reuters
A good time of year to be a sterling bull: The Bank of England could end up beating the Federal Reserve and the European Central Bank in the race to cut interest ...
reuters.com/markets/currencies/good-time-year-be-sterling-bull-2024-03-27/
A good time of year to be a sterling bull
Profile picture of The Rio Times
Central Banks Hold Key to This Week’s European Market Movements: European stock markets ended Monday's session with mixed results, reflecting ...
riotimesonline.com/central-banks-hold-key-to-this-weeks-european-market-movements/
Central Banks Hold Key to This Week’s European Market Movements
Profile picture of Reuters
British employers lowered their forecasts for the pay awards they will make in 2024, a survey showed on Wednesday, adding to signs of easing inflation pressure ... Show more
Profile picture of New York Post
Meet the new 'Edwin Castro' — winner of $1.76B Powerball jackpot remortgaged home before lucky win: report
nypost.com/2024/03/21/us-news/winner-of-1-76b-powerball-jackpot-remortgaged-home/
Meet the new 'Edwin Castro' — winner of $1.76B Powerball jackpot ...
Profile picture of Kiplinger
How Your Home Can Fill Gaps in Your Retirement Plan: If you have gaps in your plan for retirement income, you might consider adding the value of your home to ...
kiplinger.com/retirement/retirement-how-your-home-can-fill-gaps-in-your-plan
How Your Home Can Fill Gaps in Your Retirement Plan
Profile picture of Reuters
FTSE 100 gains for second straight week on BoE's dovish tilt; Phoenix shines: UK's FTSE 100 closed at its highest level in a year on Friday as investors ...
reuters.com/markets/europe/ftse-100-eyes-second-weekly-gain-boes-dovish-tilt-2024-03-22/
FTSE 100 gains for second straight week on BoE's dovish tilt; Phoenix ...
Profile picture of inews.co.uk
Interest rates will fall this year as inflation comes down, Jeremy Hunt says: The Chancellor said he would use digital technology to help restrict public ...
inews.co.uk/news/politics/interest-rates-inflation-fall-jeremy-hunt-2964831
Interest rates will fall this year as inflation comes down ...
Profile picture of Insider (news website)
29 cities where renting is much cheaper than buying: Report: Buying a house is more expensive than renting, a new report found. Here are 29 major US cities where ...
businessinsider.com/real-estate-best-cities-for-renters-us-housing-market-report-2024-3
29 cities where renting is much cheaper than buying: Report
Profile picture of The New York Times
Black Couple Who Said an Appraisal of Their Home Was Biased Settle Lawsuit: Nathan Connolly and the estate of Shani Mott, who recently died, will receive a ...
nytimes.com/2024/03/25/realestate/racial-bias-appraisal-settlement.html
Black Couple Who Said an Appraisal of Their Home Was Biased Settle Lawsuit
Profile picture of Reuters
London's FTSE 100 opens higher on miners' boost: The UK's FTSE 100 inched higher on Monday as metal miners rose on upbeat economic data from China ...
reuters.com/markets/europe/londons-ftse-100-opens-higher-miners-boost-2024-03-18/
London's FTSE 100 opens higher on miners' boost
Profile picture of HuffPost
Real Estate Expert Names Property Trump Could Offload Fast — And He Won't Like It
huffpost.com/entry/trump-real-estate-mar-a-lago_n_65fad842e4b0947e4200ddbd
Real Estate Expert Names Property Trump Could Offload Fast — And He Won't ...
Profile picture of The Spectator
Britain’s high street is still stuck in recession: If retail sales pick up substantially over the next few months, would the Bank be happy cutting rates in the ...
spectator.co.uk/article/britains-high-street-is-still-stuck-in-recession/
Britain’s high street is still stuck in recession
Profile picture of CNN.com
Navy Federal says external review finds ‘non-race factors’ explained mortgage approval disparities
cnn.com/2024/03/23/business/navy-federal-external-review-invs/
Navy Federal says external review finds ‘non-race factors’ explained ...
Profile picture of ITVX
£100,000 a year ‘doesn’t go far' in southwest Surrey - Chancellor defends claim: Jeremy Hunt was derided over the weekend for making the claim in a post on X ...
itv.com/news/meridian/2024-03-24/100000-a-year-doesnt-go-as-far-in-southwest-surrey-claims-chancellor
£100,000 a year ‘doesn’t go far' in southwest Surrey - Chancellor defends ...
Quick Glance: Jeremy Hunt's View on £100k Income & Financial Realities
  • Jeremy Hunt's perception of £100,000 as a high income contrasts with the national median of £35,000, placing it significantly above average.

  • Even in affluent areas like Godalming and Ash, where Hunt is campaigning, the median income of £56,606 shifts the perspective on six-figure salaries.

  • Hunt's remarks were deemed inappropriate by experts as data shows many households are struggling due to living costs, including those in higher income brackets.

  • New tax and benefit regulations for higher incomes could lead to unexpected financial burdens, as the offer of free childcare for parents earning over £100,000 is limited.
Profile picture of Reuters
UK's Hunt says no plan to change how banks are paid to hold reserves at BoE: British finance minister Jeremy Hunt said changes to the way that banks are paid ...
reuters.com/world/uk/uks-hunt-says-no-plan-change-how-banks-are-paid-hold-reserves-boe-2024-03-19/
UK's Hunt says no plan to change how banks are paid to hold reserves at ...